The Small Business Administration and U.S. Treasury have made another major change to the government’s stimulus plan for small businesses: the PPP changes for self-employed will allow a much bigger forgivable loan. In a clarification to PPP, called an “Interim Final Rule,” Treasury changed the way available loans can be calculated for any business that …
Enormous PPP changes for self-employed; some left behind Read More »
If you’ve heard about the stimulus package passed by the U.S. House over the weekend, and you’re wondering what it contains to help small businesses recover from the devastating effects of the pandemic, you’re in for quite the dud. Unless you’re a live music/concert venue or a restaurant, there’s very little in the way of …
Stimulus package weak on small business stimulus Read More »
The thirst for vengeance came as fast as the temperature plunged. Homes turned frigid and dark. Moms and dads scoured closets for dusty blankets, scarfs, hats and gloves. And public figures pointed their toasty fingers through social media as the Texas Winter Storm of 2021 crashed our biggest cities. As are most of you, I’m …
No matter how much economists, bureaucrats and politicians try to fix the problem, the latest PPP news about changes announced Feb. 22 by the Biden Administration means absolutely nothing to battered small businesses across the nation. As an aside, I hope this article is completely wrong and I’m forced to come back and apologize to …
It may sound ludicrous to say, but there is a wretched curse over the small business website. Maybe that’s why a recent survey indicated nearly 30 percent of all small businesses don’t even have one. Why is the small business website such a curse? Because most business owners have absolutely no clue how they work. …
If you are a small business that has a bank loan through the Small Business Administration, a letter has begun circulating to borrowers that the SBA debt relief program will continue this year. That is welcome news to more than 1.8 million small businesses that did not have to make loan payments last year. According …
There are still problems with the second version of the PPP, and it’s forcing many small businesses to make hard decisions. Last week, groups that best understand the program urged the Small Business Administration to fix the problems. Even still, businesses are being denied based on technicalities that Congress said should not preclude businesses from …
I was driving between Texas and Kansas when my phone rang. It was last spring during the nationwide lockdown in response to the Covid-19 pandemic. Fear was plentiful and toilet paper wasn’t. The voice on the phone was a business owner. She ran a massage therapy business. She officed inside a retirement community and the …
There is plenty of PPP money still available after Congress passed the second iteration of the stimulus plan last December. But in a report issued by the Small Business Administration, the money set aside to rescue small business has barely been touched – a glaring indictment on the program and the way it has been …
PPP money still available: Why has it failed businesses? Read More »
If you’re a small business owner and rely heavily on social media platforms (specifically Facebook) to reach targeted audiences, a new Apple update could have a big impact on your marketing plans. In case you don’t know about the issue, fast coming to a crescendo, Apple has announced its next iPhone update will include a …
New Apple update: Will it impact SMB advertising? Read More »